Liverpool, Merseyside, L2 5QY
11-17 North John Street
Availability
To Let
Description
The property comprises a substantial ground floor restaurant/bar unit with additional basement accommodation. The premises provide a large, open-plan trading area with strong frontage onto North John Street.
The unit is suitable for a range of leisure and hospitality uses, subject to planning.
Services:
Rear servicing is available, enhancing operational functionality for occupiers.
Services include gas, electric and water.
Location
The property occupies a prime position on North John Street, within Liverpool city centre’s
established leisure and F&B circuit. The immediate area benefits from strong footfall, linking Castle Street, Victoria Street and Mathew Street.
Nearby occupiers include a mix of national and independent restaurant and bar operators, such as The Ivy, Slug & Lettuce, Be At One Cocktail Bar, Piccolino, Turtle Bay and Rudy’s Pizza. The property is also in close proximity to key tourist destinations including the Cavern Club and surrounding hospitality venues and also benefits from being adjacent to the Aloft Hotel and close to the Z Hotel.
The unit forms part of a busy and well-established trading pitch, popular with both daytime and evening economy operators.
The surrounding area continues to benefit from significant inward investment and regeneration, further strengthening Liverpool’s city centre offer.
Rent
£100,000 pa
Lease Term
TENURE
A new effectively full repairing and insuring lease for a term to be agreed, subject to 5 yearly upward only rent reviews.
Costs
Each party is to bear their own legal costs in respect of all legal documentation produced in this transaction.
Legal
The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser's funds will also be required.
Letting agents are now legally required to check the OFSI list of sanctioned individuals and organisations throughout their work, from being instructed by prospective landlords or tenants to concluding letting agreements.
Accommodation
The property has the following net internal floor areas:
Ground Floor 3,675 sq. ft (341.42 sq. m)
Basement 711 sq. ft (66.05 sq. m)
Total 4,386 sq. ft (407.47 sq. m)
There is potential to extend the basement to approximately 3,000 sq ft (278.71 sq m), subject to necessary consents.
| Areas | sq ft | sq m |
|---|---|---|
| Ground Floor | 3,675.00 | 341.00 |
| Basement | 711.00 | 66.10 |
| Total | 4,386.00 | 407.10 |
